The May increase is potentially troubling to a President Trump who, like many of his predecessors, does not like trade ...
The US Treasury paid out $49.2 billion in tariff refunds in June, flipping a prior surplus into a $120 billion deficit. See ...
In a remarkable turnaround, the U.S. deficit with Mexico has been larger than the deficit with China for three of the last five months and four of the last seven. In fact, the annual U.S. deficit with ...
The U.S. government's budget deficit grew nearly 20% in July to $291 billion despite a nearly $21 billion jump in customs duty collections from President Donald Trump's tariffs, with outlays growing ...
By Lucia Mutikani WASHINGTON, June 26 (Reuters) - The U.S. trade deficit in goods swelled to a 14-month high in May as businesses boosted imports, likely to avoid shortages and higher prices related ...
Eliminating Social Security's deficit would cut the federal government's primary deficit in half. It would also make Americans happy. Recently, the Congressional Budget Office released its budget ...